Nokia users in India may now find money transferring in India to be seemingly easier than ever. Nokia has partnered with Yes Bank to come up with a live commercial pilot scheme of Nokia Money in India. This was cited by Nokia Conversations.
A trial version of the scheme would mark its debut in Pune, one of metropolitan places in India. This scheme would be named as the Mobile Money Services by Yes Bank. A video explaining about the service is provided in Nokia Conversations.
“The Nokia Money initiative based on Obopay’s platform is initially targeted at growth markets and designed to work in partnership with multiple network operators and banks, involving distributors and merchants in a dynamic open ecosystem to seamlessly provide the new services. Yes Bank is our first partner in India to bring this service to market,” commented, Teppo Paavola, VP and General Manager of Mobile Financial Services at Nokia.
The pilot scheme can enable users to transfer money to another person just by means of the individual’s mobile phone number. Users can also pay their utility bills and top-up SIM cards. In future, a facility to pay for goods and services may also be available.
When the Mobile Money Services would arrive in Pune is not clear for now.